Empirical evidence of sustainable development: Causality relationship between economic growth and environmental degradation in Ecuador and Latin America and The Caribbean

This article is an inductive argumentation and an empirical-analytical paradigm that evaluates the actual relationship between Gross Domestic Product (GDP) per capita and the Carbon Dioxide (CO2) in the case of Ecuador and to compare it with Latin America and the Caribbean within a period of analysis from 1960 to 2011. It was developed an Augmented Dickey-Fuller unit root (ADF), a Granger Causality Test and a Johansen Cointegration test. It was obtained a VAR model with two variables with a number of 14 lags – VAR2(14) which were tested for which were tested for causality by demonstrating a bidirectionality for Latin America and the Caribbean and a unidirectionality of GDP per capita to CO2 for the Ecuador. Keywords: economic growth, sustainable development, environmental economics. References [1]E. Urteaga, «Las teorías económicas del desarrollo sostenible,» Cuadernos de Economía, vol. 32, nº 89, pp.113-162, 2009. [2]G. Brundtland, «Our Common Future,» de Report of the World Commission on Environment and Development, 1987. [3]R. Bermejo, Del desarrollo sostenible según Brundtland a la sostenibilidad como biomimesis, Bilbao: Hegoa, 2014. [4]W. Beckerman, «Economists, scientists, and environmental catastrophe,» Oxford Economic Papers, vol. 24, nº 3, 1972. [5]G. Grossman and A. Krueger, «Economic Growth and the Environment,» The Quarterly Journal of Economics, vol. 110, nº 2, pp. 353-377, 1995. [6]J. y. A. Medina, «Ingreso y desigualdad: la Hipótesis de Kuznets en el caso boliviano,» Espacios, vol. 38, nº31, p. 23, 2017. [7]M. Ahluwalia, «Inequality, poverty and development, » Journal of Development Economics, nº 3, pp. 307-342, 1976. [8]A. y. R. D. Alesina, «Distributive politics and economic growth,» Quarterly Journal of Economics, vol. 109, nº 2, pp. 465-490, 1994. [9]R. Barro, «Inequality and growth in a panel of countries, » Journal of Economic Growth, vol. 5, nº 1, pp. 5-32, 2000. [10]M. A. Galindo, «Distribución de la renta y crecimiento económico,» de Anuario jurídico y económico escurialense, 2002, pp. 473-502. [11]A. Álvarez, «Distribución de la renta y crecimiento económico, Información Comercial Española, ICE,» Revista de economía, nº 835, pp. 95-100, 2007. [12]J. C. Núñez, «Crecimiento económico y distribución del ingreso: una perspectiva del Paraguay,» Población y Desarrollo, nº 43, pp. 54-61, 2016. [13]S. Kuznets, «Economic Growth and Income Inequality, » American Economic Review, nº 45, pp. 1-28, 1955. [14]J. A. y. C. J. Araujo, «Relación entre la desigualdad de la renta y el crecimiento económico en Brasil: 1995-2012.,» Problemas del desarrollo, vol. 46, nº 180, pp.129-150, 2015. [15]F. Correa, A. Vasco and C. Pérez, «La Curva Medioambiental de Kuznets: Evidencia Empírica para Colombia Grupo de Economía Ambiental (GEA),» Semestre Económico, vol. 8, nº 15, pp. 13-30, 2005. [16]M. Heil and T. Selden, «Carbon emissions and economic development: future trajectories based on historical experience,» Environment and Development Economics, vol. 6, nº 1, pp. 63-83, 2001. [17]D. Holtz-Eakin and T. Selden, «Stoking the fires? CO2 emissions and economic growth,» Journal of Public Economics, pp. 85-101, 1995. [18]D. STERN, «Progress on the environmental Kuznets curve?,» Environment and Development Economics, vol. 3, nº 2, pp. 173-196, 1998. [19]P. Ekins, «The Kuznets curve for the environment and economic growth: examining the evidence,» Environment and Planning, vol. 29, pp. 805-830, 1997. [20]W. Moomaw and G. Unruh, «Are Environmental Kuznets Curves Misleading us?,» de Fletcher School of Law & Diplomacy, 1997. [21]S. M. Bruyn, J. Van- Den- Bergh and J. Opschoor, «Economic growth and emissions: reconsidering the empirical basis of environmental Kuznets curves,» Ecological Economics, pp. 161-175, 1998. [22]B. Friedl and M. Getzner, «Determinants of CO2 Emissions in a small open Economy,» Ecological Economics, vol. 45, nº 1, pp. 133-148, 2003. [23]T. Sheldon, «Carbon emissions and economic growth: A replication and extension,» Energy Economics, vol. 82, pp. 85-88, 2007. [24]B. Huang, M. Hwang and C. Yang, «Causal relationship between energy consumption and GDP growth revisited: A dynamic panel data approach,» Ecological Economics, vol. 67, nº 1, pp. 41-54, 2008. [25]J. He and P. Richard, «Environmental Kuznets curve for CO2 in Canada,» Ecological Economics, vol. 69, nº5, pp. 1083-1093, 2010. [26]S. Dinda, «Environmental Kuznets Curve Hypothesis: A Survey,» Ecological Economics, vol. 49, nº 4, pp. 431-455, 2004. [27]J. M. B. and T. T. Fosten, «Dynamic misspecification in the environmental Kuznets curve: Evidence from CO2 and SO2 emissions in the United Kingdom,» Ecological Economics, vol. 76, pp. 25-33, 2012. [28]K. Ahmed, M. Shahbaz, A. Qasing and W. Long, «The linkages between deforestation, energy and growth for environmental degradation in Pakistan,» Ecological Indicators, vol. 49, pp. 95-103, 2014. [29]J. Wooldridge, Introducción a la Econometría Un Enfoque Moderno. 4ª ed., Mexico D.F.: Cengage Learning, 2010.

Book review: Angeles-Castro, G. 2021: Economic Liberalization in Latin America. Routledge Studies in Development Economics

Angeles-Castro, G. 2021: Economic Liberalization in Latin America. Routledge Studies in Development Economics. London and New York: Routledge. x + 85 pp. £120 (hardback), £25.89 (eBook). ISBN: 978-0-367-45654-2 (hardback), 978-1-003-02456-9 (eBook).

Voluminous, Repetitive, and Intractable

In the late 1970s Paul Samuelson drafted the outline of a paper, never published, with a critical assessment of the theoretical innovations of postwar development economics. He found it a “vital” but essentially “not tractable” subject, with a “voluminous” and “repetitive” literature. This article discusses how that assessment fits in Samuelson’s published writings on economic development, throughout several editions of his textbook Economics, and in papers he wrote before and after that assessment. Increasing returns posed a main analytical hurdle, together with the elusive attempt to provide “laws of motion” of economic development. Samuel son’s notion of “tractability” may be traced back to Peter Medawar’s well-known definition of science as the “art of the soluble.”

Village Economic Potential for The Implementation of Learning Building Village / KKN Thematic MBKM Program Economic Study Program Development Department of Economics, Faculty of Economics and Business of The UPN "Veteran" Yogyakarta

The background of this research is the preparation of the Independent Learning Curriculum for the Independent Campus (MBKM) of the Development Economics Study Program. One of the mandates of the curriculum is the flexibility of the student learning process to get an off-campus learning experience for one semester (6 months), including through village building activities/thematic Real Work Lectures (KKN thematic), which are equated with the achievement of 21 credits. The purpose of this research is the availability of a thematic Village Development Activity Implementation Guide/KKN as a complement to the curriculum that has been prepared. This guide provides directions and detailed instructions for managers of study programs and their staff, students of the development economics study program (S1) who choose to learn through village building activities/thematic KKN. The problem of this research is: what are the village economic activities that can be used as objects of activities to build the thematic village / KKN. The method used to answer these problems is (1) Survey at the location of Wirokerten Village (2) Focus Group Discussion (FGD) with stakeholders (village officials, villagers, and lecturers of the Department of Economics). The results showed that village programs related to village economic development programs were sub-programs related to the field of small and medium enterprises (MSMEs) and the fields of trade and industry, which was the choice for student development study programs in the implementation of the MBKM program to build Thematic Village / KKN